Anil Ambani's Financial Comeback: Reliance Power's New Heights

Masterminds Behind Anil Ambani Company Revival

A key factor in this transformation has been the involvement of Anil Ambani's two sons, Jai Anmol Ambani and Jai Anshul Ambani. Their entry into the family business has brought back investor faith, especially with Jai Anmol's strategic leadership in reviving Reliance Capital Limited (RCL). Shares of Reliance Infrastructure have also witnessed substantial growth, jumping by 60% to Rs 336.20 – the highest surge since 2018. Reliance Infra has also secured approval to raise Rs 2,930 crore through Foreign Currency Convertible Bonds (FCCBs), which further enhances its financial position.

Anil Ambani's Expansion Plan

The group’s expansion into renewable energy projects in Bhutan has added to the positive momentum. Anil Ambani-led Reliance Group has announced the establishment of 1,270 megawatts of solar and hydroelectric projects in partnership with Druk Holding. A new company Reliance Enterprises has been launched to advance these investments to expand the company's energy business in the Himalayan region.

Jai Anmol Ambani Net Worth

Jai Anmol Ambani, who began taking on leadership roles at the age of 18, has played a pivotal role in the group's revival. He joined Reliance Mutual Fund in 2014 and became Executive Director of Reliance Capital in 2017. He helped facilitate Japan's Nippon firms' increased stake in Reliance Nippon Life Asset Management. Under his leadership, new ventures like Reliance Life Insurance and Reliance Capital Asset Management also flourished, contributing to his personal net worth of Rs 2,000 crore.

This collective effort, particularly by the younger Ambanis, has set the stage for Anil Ambani's return to billionaire status, marking a remarkable comeback for a business leader who once seemed to have lost his prominence.